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FTSE / DOW YTD

Many thanks for your efforts with this thread Skinny.

I'm afraid I'm completely confused by the direction of this market over the last week.

Having sold quite a few holdings on the ftse run in early/mid Jan I've been watching the bulls and bears fighting it out. It's clear that if the bulls can break the multi-year top, ftse should run away to the upside.

On the other hand the longer it doesn't break through, the more I see a fall to the downside first.

It all seems very dependent on whether oil is going to retrace from here.

The Middle East, Ukraine and Greece are also poisonous thorns.

It is a B. awful market. Reducing SBS and widening stop losses again.

Morning!


In the US last night, the Dow rose 140 points to 17,869 the Nasdaq rose 62 points to 4,788 and the S&P 500 rose 22 points at 2,069.

In Asia today, the Nikkei is closed for a holiday and the Hang Seng was down 219.27 points at 24,308.83.

WTI crude oil traded at $50.02 a barrel and Brent at $56.43.

Gold settled at $1,231.60 an ounce.

Trade well and prosper!

Morning CC & Fred,

The European markets seem optimistic about the latest Greek prognosis - I see that the question of further Irish debt concessions have been raised in the last day or so - Deal on Greek debt will not benefit Ireland, say EU ministers

and to get it all in perspective!!! :- Premier League’s £5.1bn TV bonanza

Morris Minor hidden in Harrogate garage for almost 50 years to go under the hammer

Opening Market Summary

87-year-old long-term investor

I think the holdings may well belong to a time when those stocks
were doing well or flying high!
I wonder what he holds in 'Other' (15%).

US Futures

GBP 30-y Bond Auction 2.36|1.6 2.70|1.8

Midday Report

Greek stand

Greece update

Closing Market Summary